07/10/2015 – S&P Emini
- July 10, 2015
- S&P Emini
September S&P:
1. In today’s (Friday, July 9) Williams edge S&P meeting it was noted that any later session test and failure at $2073/$74 would present a small but tradable decline to $2068/$67.
2. Today’s late session completed the $2073/$74 upside target and failed at that level. The market subsequently declined to the $2068/$67 downside target, completing the forecast/trade (swing low, $2067.00). Will message any further entry or indication in the September S&P.
David Williams
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.